Brookfield, Healthpeak Form $2.1B Medical Office Joint Venture

Brookfield Asset Management forms joint venture with U.S. REIT Healthpeak Properties

TORONTO - Brookfield Asset Management has signed a deal with Healthpeak Properties Inc. to form a joint venture invested in outpatient medical buildings in the U.S.

Latham & Watkins Represents Healthpeak Properties in a US$2.1 Billion Strategic Joint Venture With Brookfield Asset Management

Healthpeak Properties, Inc. (NYSE: DOC) and Brookfield Asset Management (NYSE: BAM, TSX: BAM) have announced the... The post Latham & Watkins Represents Healthpeak Properties in a US$2.1 Billion Strategic Joint Venture With Brookfield Asset Management appeared first on Legal Desire Media and Insights.

Healthpeak Properties and Brookfield Asset Management Form $2.1B Strategic Joint Venture

Denver-based Healthpeak Properties, Inc. and New York-based Brookfield Asset Management have formed a long-term strategic capital partnership through a joint venture involving a portfolio of outpatient medical buildings across the United States. The portfolio contributed by Healthpeak is comprised of 86 properties totaling approximately 5.6 million square feet, valued at approximately $2.1 billion. The portfolio is diversified across 11 states, …

Brookfield Takes Major Stake in Healthpeak Properties’ $2.1B Portfolio

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Brookfield, Healthpeak Form $2.1B Medical Office Joint Venture

Brookfield Asset Management purchased a 49% stake in a $2.1B medical office portfolio. Brookfield contributed more than $1B to form the joint venture with Healthpeak Properties, a Denver-based healthcare REIT. Healthpeak is contributing an 86-property, 95% leased portfolio to the JV, in which it will retain a 51% controlling interest.